Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»BITCOIN NEWS»900 million Telegram users send TON tokens, soaring by 15%
BITCOIN NEWS

900 million Telegram users send TON tokens, soaring by 15%

By Crypto FlexsMay 6, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
900 million Telegram users send TON tokens, soaring by 15%
Share
Facebook Twitter LinkedIn Pinterest Email

Messaging giant Telegram has a whopping 900 million users. This surge has a direct impact on the Telegram Open Network (TON), a blockchain designed to operate seamlessly within Telegram. TON has seen impressive growth of 15% in the past week, highlighting its potential to become a mainstream cryptocurrency player.


TON price action. Source: Coingecko

TON: Attract users with cheap deals

The key to TON’s recent success lies in its tight integration with Telegram. Users can ditch the hassle of using a separate cryptocurrency wallet and trade directly through Telegram’s default wallet.

This seamless experience, combined with TON’s low-cost trading and fee-free USDT transfers, provides great appeal to regular users who may be hesitant to delve into the intricacies of traditional cryptocurrency exchanges.

GM đź’Ž

Telegram has reached 900 million monthly active users, and if you are one of them, Gm is back. pic.twitter.com/B6AlwEK71B

— TON 💎 (@ton_blockchain) May 5, 2024

Farming in chat

TON facilitates everyday transactions, but its goals extend further. The Telegram ecosystem thrives on a network of apps and bots that introduce creative ways to interact with your wallet. A prime example is “farming,” which allows users to engage in decentralized finance (DeFi) activities using TON or other tokens within the familiar Telegram interface.

Total crypto market cap currently at $2.323 trillion. Chart: TradingView

This ability to “farm” directly within the chat window demonstrates how TON is facilitating deeper integration with cryptocurrencies. This breaks down the barriers between messaging and finance, potentially enabling more seamless adoption of cryptocurrencies in everyday digital interactions.

security issues

However, TON’s path to mainstream adoption is not a smooth one. The biggest thorn is security. While integrated wallets offer undeniable convenience for small transactions, security experts raise concerns that they are not suitable for storing large amounts of cryptocurrency.

TON weekly price ascent. Source: Coingecko

Unlike traditional hardware wallets, which are considered the gold standard for secure cryptocurrency storage, Telegram’s software wallets may be more vulnerable to hacking or breaches. This could be a significant deterrent for users who are wary of entrusting their hard-earned cryptocurrency to a messaging app.

Walking the tightrope of regulation

Another upcoming challenge for TON is the ever-evolving regulatory environment surrounding cryptocurrencies. Governments around the world are still grappling with how to handle these digital assets, and regulations could have a major impact on how TON operates in various markets.

Navigating this regulatory tightrope will be critical to TON’s long-term success. Networks must comply with evolving regulations while providing users with the functionality and freedom they expect from a decentralized blockchain.

Featured image from Pexels, chart from TradingView

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Carv can be used for transactions!

August 10, 2025

Bitfinex Alpha | While the market is waiting for the catalyst, BTC is integrated and leverage falls.

August 4, 2025

Is it really possible to sell Memecoins?

July 29, 2025
Add A Comment

Comments are closed.

Recent Posts

The Animoca brand invests in a nice cat

August 11, 2025

Is Alt Season finally here, just as Ether Lee’s tearing and a small cap follows?

August 11, 2025

Flareonix airdrop is live! Under the share of 100m FXP today!

August 11, 2025

Carv can be used for transactions!

August 10, 2025

Ethereum (ETH), SEI (Sei), and Bonk (Bonk) gathered in July, but one token is prepared to dominate next.

August 10, 2025

Floki and OnDo expand their profits as Robinhood Listing strengthens.

August 10, 2025

Vitalik Buterin regains the title of ‘Onchain Billionaire’, where ether reaches $ 4.2K.

August 10, 2025

Did you miss the TRON ‘S (TRX) 100X? Ruvi AI (Ruvi)

August 9, 2025

Re -creation attack in ERC -721 -Ackee Blockchain

August 8, 2025

The New Bybit Web3 Is Here–Fueling On-Chain Thrills With $200,000 Up For Grabs

August 8, 2025

Stella (XLM) Eye 35% Rally and Ripple and SEC END 5 years legal battle

August 8, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The Animoca brand invests in a nice cat

August 11, 2025

Is Alt Season finally here, just as Ether Lee’s tearing and a small cap follows?

August 11, 2025

Flareonix airdrop is live! Under the share of 100m FXP today!

August 11, 2025
Most Popular

CertiK Announces CertiK Ventures to Accelerate Blockchain Development

May 31, 2024

Caldera launches Guardian Nodes, creating a new avenue for teams to raise funds and decentralize the network.

May 25, 2024

Dogecoin (DOGE) after collision

June 23, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.